Evercore Halts Dealmaking With VTB Capital Amid Sanctions

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Evercore Partners Inc., the merger-advisory firm founded by Roger Altman, is ending a relationship with VTB Capital amid sanctions imposed on Russian companies over the Ukraine conflict.

“Evercore has been our trusted partner in the North American market,” state-controlled VTB Capital said in an e-mailed statement. “Currently, we are expecting more opportunities in Asia.”